Interra Realty and Atlas Asset Management are pleased to present exclusively for sale 1344-48 W Devon Ave in Chicago's Edgewater neighborhood. The property consists of seven units including one (1) retail unit and six (6) apartments. The ground floor retail is occupied by reputable franchise tenant, Anytime Fitness. The tenant is in year one of their first five-year extension with the option of a second five year extension in 2031. The tenant is on a gross lease with yearly rent increases of 2%.

The highly desirable apartment unit mix is comprised of (2) 2BD/2BA, (2) 3BD/1BA, and (2) 3BD/2BA units. Apartments have been updated including newer kitchen cabinets, granite countertops, and stainless steel appliances. Units are equipped individual furnaces, A/C, hot water heaters, and in-unit laundry. Additionally, apartments have access to sizable rear decks. The property features six (6) rear surface parking spaces.

The subject property is located just blocks from Lake Michigan and the Loyola University campus. Tenants enjoy convenient access to the Loyola CTA station.